Form 4: IFF Director O'Byrne Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Kevin O'Byrne, a Director at International Flavors & Fragrances Inc. (IFF), reported transactions involving restricted stock units and common stock.
Summary
- Kevin O'Byrne, a Director at International Flavors & Fragrances Inc. (IFF), reported the acquisition of 4,282 Restricted Stock Units (RSUs) on May 1, 2026, valued at $0 as they were granted under the Non-Employee Director Compensation Program.
- These RSUs vested on May 1, 2026, and converted into 4,282 shares of Common Stock.
- Additionally, 1,157 shares of Common Stock were disposed of on May 1, 2026, for a price of $70.81 per share, with these shares being withheld for taxes payable upon the vesting of RSUs.
- Following these transactions, O'Byrne beneficially owns 17,571 shares of Common Stock directly, and an additional 8,500 shares indirectly through his spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to director compensation and tax obligations, rather than significant strategic shifts or performance indicators.
Positives
- Director Kevin O'Byrne received a grant of 4,282 RSUs under the company's compensation program.
- The RSUs vested, converting into common stock, indicating a fulfillment of compensation terms.
Negatives
- 1,157 shares of common stock were disposed of to cover tax obligations upon vesting of RSUs.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which details past transactions.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company directors and officers. This filing for IFF is typical for a company with a director compensation program involving equity awards.
Related Party Transactions
- The reported transactions involve a Director (Kevin O'Byrne) and the company (International Flavors & Fragrances Inc.), related to the Non-Employee Director Compensation Program.
Stakeholder Impact
- Shareholders gain transparency into director's equity holdings and transactions.
- Employees may observe compensation practices for non-executive directors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Grant date of 4,282 RSUs to reporting person. |
| 05/01/2026 | Vesting date of RSUs and transaction date for acquisition of common stock and disposal of shares for taxes. |
| 05/04/2026 | Date of filing for the Form 4 statement. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Transaction, Restricted Stock Units, RSUs, Common Stock, Beneficial Ownership, Director Compensation, International Flavors & Fragrances, IFF
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